Rotork (OTCMKTS:RTOXY) Shares Climb 1.6% – Here’s Why

Rotork plc (OTCMKTS:RTOXY – Get Free Report) was up 1.6% during mid-day trading on Tuesday. The company traded as high as $17.62 and last traded at $17.35. Approximately 300 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 712 shares. The stock had previously closed at $17.08.

Rotork Stock Up 1.6%

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.90 and a quick ratio of 2.29. The business has a 50 day simple moving average of $17.35 and a 200 day simple moving average of $17.35. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 26.29 and a beta of 0.42.

About Rotork

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Rotork plc is a United Kingdom-based industrial engineering company that designs and manufactures flow-control and valve-automation equipment. Its products include electric, pneumatic and hydraulic valve actuators, gearboxes, control systems, and associated instrumentation used to regulate the movement of liquids, gases and other materials through industrial processes.

The company serves a range of industries, including oil and gas, water and wastewater, power generation, chemical processing, mining, and general industrial applications.

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